Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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House - Latsia, Nicosia

Nicosia - Ref. PR41250Map

Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Detached house-Latsia-PR41250
Direct Sale of Collateral
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House - Latsia, Nicosia

Ref. PR41250

Maybe subject to VAT

398,000

Reserve Price

  • 240 m2
  • 1,000 m2 Land

Services and facilities

  • Parking
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Garden
  • Storage room


IMPORTANT NOTICE
This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time.

Please note that:
(a) only offers that are equal or exceed the reserve price shall be reviewed; and
(b) the mortgagee shall not pay any real estate agent’s fees. If a prospective purchaser appoints a real estate agent, it is their obligation to pay the real estate agent’s fee.

Two storey house in an attractive and popular location Agios Georgios Quarter, in Latsia Municipality, on Electras street and on Giannou Kranidioti avenue, at a distance of 400 meters (approx.) south from saint George church.

The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. In addition, it enjoys excellent access to the motorway. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

The house was constructed in 1979 (approx.) and its level of construction and maintenance is average. The house has been built on a corner plot of 1,000 sq.m., which adjoins a registered road on its northern and western borders. It adjoins a green area on its eastern border.

Outside it has external buildings and vacant land.

The area of the internal spaces is 240 sqm (approx.), and the external buildings 80 sqm (approx.).

It falls within the Residential Zone Κα5 (38%) having building density coefficient 80% and within the Commercial Zone Eβ4 (62%) having building density coefficient 140%.

Tenders submitted for an Amount below the Reserve Price shall be rejected.


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

- - - - - - - - - - -

The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Real Estate is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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District: Nicosia

Municipality: Latsia

Quarter: Agios Georgios

Characteristics

  • Year built: 1979

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR41250 0/7309 30/23W2 6 3051
  • Planning zone: Εβ4 62
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 17
  • Planning zone: Κα5 38
  • Building Coefficient: 100%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(35.100467681884766, 33.38014602661133)

Energy Category

energy rating

Seller

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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